FXEM
Abstract：FXEM was incorporated in Mauritius in 2010. It is a broker that offers trading in forex as well as various CFDs, up to 90+ instruments. It supports trading through MT5 and has 4 other account types. At present, the broker is not subject to corresponding supervision.
| FXEM Review Summary | |
| Founded | 2010 |
| Registered Country/Region | Mauritius |
| Regulation | Unregulated |
| Market Instruments | Forex, Precious metals,Equity Indices, Stocks, Energies, Commodities. |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | From 0 pips |
| Trading Platform | MT5 |
| Min Deposit | 0 |
| Customer Support | |
| 24/5 service | |
| Physical Address: 10th Floor, Sterling Tower, 14 Poudrière St, Port Louis, Mauritius. | |
| Email:: support@fxem.com | |
| Social Media: Facebook, Twitter, Instagram,Youtube. | |
FXEM Information
FXEM was established in 2010 and registered in Mauritius. Currently, FXEM lacks valid regulations.
The company offers six asset classes: forex, commodities, precious metals,equity indices, stocks, and energies. It also provides access to the MT5 trading platforms and the demo account.
Pros and Cons
| Pros | Cons |
| The spread starts at 0 | Not support MT4 |
| 24/5 service | No Regulation |
| 0 minimum deposit (Pharaoh) | No payment method information is provided |
| support MT5 | |
| Providing Islamic accounts |
Is FXEM Legit?
FXEM is an unregulated brokerage.
What Can I Trade in FXEM ?
FXEM offers 90+ trading instruments and 60+ forex pairs, including forex, commodities, precious metals,equity indices, stocks, and energies.
Forex：Trade CFDs on 60+ FX pairs with low spreads.
Commodities：Hard and soft commodities available.
Indices：Major US & European Stock Indices.
Precious Metals：Can trade Gold, Silver, Platinum, Palladium.
Stocks: Trade CFDs on global stocks
Energies：Offers Brent crude oil and natural gas with no hidden fees.
Account Types
FXEM offers demo and Islamic trading accounts.
FXEM also has 4 account types to choose from: King, Caesar, Emperor, Pharaoh.
Among them, the minimum deposit is $0 and the maximum leverage is 1:400.
| Account Types | King | Caesar | Emperor | Pharaoh |
| Currency 1 (USD) | Yes | Yes | Yes | Yes |
| Currency 2 (EUR) | Yes | Yes | Yes | Yes |
| Minimum Leverage | 1:01 | 1:01 | 1:01 | 1:01 |
| Maximum Leverage | 1:400 | 1:400 | 1:400 | 1:400 |
| Spread starting from | 1 pip | 0.7 | Zero | 1.6 pip |
| Commission applied? | Zero | Zero | 3 USD | Zero |
| Minimum Deposit | 100 | 500 | 1,000 | No |
| Maximum Deposit | No | No | No | No |
| Tired Margin Applied? | Yes | Yes | Yes | Yes |
| Instruments | Full Range | Full Range | Full Range | Full Range |
| Hedged margin | 50% | 50% | 50% | 100% |
| Margin call | 100% | 100% | 100% | 120% |
| Stop out | 50% | 50% | 50% | 100% |
| Order execution | Market | Market | Market | Market |
| Swap-free | Available | Available | Not Available | Available |
| Minimum lot size | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum lot size | As per the instrument Spics | As per the instrument Spics | As per the instrument Spics | As per the instrument Spics |
To open an account, the user will need to fill out personal information on this page, including name, country, country number, and password, email,currency,and phone number.
Then press the ‘Register’ button to complete the account creation process.
Leverage
The leverage is capped at 1:400 for all account types.
FXEM Fees
Emperor account spreads start from 0 pip.
Spreads on King accounts start from 1 pip, spreads on Caesar accounts start from 0.7.
Pharaoh account has the highest spreads, starting from 1.6 pip.
The Emperor account charges a commission of $3 and swap fees are charged. The remaining accounts do not charge commission and swap fees are waived.
Trading Platform
The trading platforms offered by FXEM are MT5. MT5 can be used on desktop, mobile, tablet and web.
Simultaneous provision of social trading services.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Tablet, Web | Professional traders andbeginners |
| MT4 | ❌ |
Deposit & Withdrawal
Information about deposit and withdrawal methods is not disclosed on the official website.
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